Mercado Homes Homes with FHA New Financing

Mercado Homes Homes with FHA New Financing

Welcome to Mercado Homes, a vibrant subdivision nestled in the heart of Tempe, Arizona. This charming community offers a perfect blend of modern living and convenient access to the rich culture and amenities that Tempe has to offer. With its picturesque streets and beautifully designed homes, Mercado Homes is an ideal choice for families, young professionals, and retirees alike.

Each residence in Mercado Homes showcases contemporary architecture and thoughtful layouts, ensuring that every homeowner finds their perfect sanctuary. The homes are built with quality craftsmanship and feature spacious interiors, stylish finishes, and energy-efficient designs. With various floor plans available, you can choose a home that best suits your lifestyle and needs.

One of the standout features of Mercado Homes is the accessibility of FHA financing. This means that first-time homebuyers and those looking to take advantage of low down payment options can find their dream home here without the financial burden often associated with purchasing a property. The FHA financing option makes it easier for you to invest in a home that fits your budget while enjoying the benefits of homeownership.

Living in Mercado Homes means you’re just minutes away from Tempe's vibrant downtown, where you can explore an array of dining, shopping, and entertainment options. Additionally, the community is conveniently located near major highways, making commuting to nearby cities a breeze.

Discover the charm of Mercado Homes and experience a lifestyle where comfort meets convenience in the beautiful city of Tempe, Arizona. Your dream home awaits!

Newest Mercado Homes Homes with FHA New Financing

$769,999
7057410 MLS ⋅ 85281 Zip Code
Attention aspiring SHORT TERM RENTAL owners!! This is an amazing opportunity to turn a profit and own an investment property. Numbers for only ONE side of the duplex provide a $39K revenue. To help ease the new owners worries there are new roofs on both sides, new AC unit on one side, new water heater on one side, both units come with W/D, refrigerators and blinds. This Is a prime Tempe investment opportunity! This beautifully updated duplex is located in one of the Valley's strongest rental markets, just minutes from Arizona State University, Sky Harbor International Airport, Downtown Tempe, Tempe Town Lake, and major employment hubs. With easy access to Loop 202, SR-143, and I-10, this is an ideal location for attracting long and short-term tenants. Each unit offers a modern, open-concept layout with designer finishes, granite countertops, stainless steel appliances, wood-look tile flooring, spacious bedrooms, private patios, and low-maintenance outdoor space. All features that help attract and retain quality tenants. The property has demonstrated strong rental demand and offers an excellent opportunity for investors seeking immediate income with long-term appreciation potential. Whether you're looking to expand your portfolio, complete a 1031 exchange, or live in one unit while generating rental income from the other, this property checks all the boxes. Opportunities to own a well-maintained duplex in this highly sought-after Tempe location are few and far between. Don't miss your chance to own an income-producing asset in one of Arizona's most consistently desirable rental markets.

421 S Terry Lane, Tempe
Start Your Search

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.